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Update On PayPal's Virtual Debit Card Beta

Tags » ECommerce Payments, Internet Retail, MasterCard, PayPal

Over the last few days, the blogosphere has been chatting about PayPal's Virtual Debit Card offering - as PayPal reports that its current beta test of the new service has been opened up to more users. First offered to beta users last June, the Virtual Debit Card allows PayPal members who are Microsoft Windows Internet Explorer users to make purchases at non-PayPal accepting merchants through the use of a MasterCard number generated automatically by PayPal on the user's behalf. The PayPal Virtual Debit Card cannot be linked to a non-PayPal-issued credit card. Instead, there must be funds in the user's PayPal account or the user has to have provided PayPal with bank account information or signed up for either PayPal Buyer Credit or the PayPal Plus Credit Card. More details on PayPal's FAQ page for beta users and in this BetaNews story on VDC.


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